Three months after its £350m stock market debut Liverpool city region sports nutrition venture Applied Nutrition is beating sales targets and is on track for £100m full-year sales. Tony McDonough reports

Liverpool city region sports nutrition venture Applied Nutrition is reporting half-year revenues of £47.6m and is on track to make £100m in its current financial year.

Applied Nutrition operates from a 100,000 sq ft manufacturing facility in Knowsley and produces a range of pre-work out supplements, protein powders, vitamins, protein waters and other wellness and fitness products.

Founded in 2014 by Kirkby-born Tom Ryder, in late October 2024 the firm entered the London Stock Exchange in a £350m flotation. On Thursday the company was valued at around £380m with shares up more than 2% on early trading.

Guidance at the time of the IPO forecast revenues for the six months to January 31, 2025, to be around £46m so the company has comfortably beat that target. 

Applied Nutrition exports its products to more than 60 countries. It partners with football clubs, including Glasgow Rangers and Fulham, as well as MMA, basketball and rugby professionals.

It has established itself as one of the fastest-growing privately owned sports nutrition brands in Europe. Its ABE workout products are stocked in hundreds UK gyms.

Highlights of the trading period include Coleen Rooney wellness supplements added to the Applied Nutrition range. They will be stocked nationwide in Holland and Barrett from March, targeting a new demographic of customer for the group.

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Speaking on Thursday Tom Ryder said: “Our successful IPO in October has had the positive impact we hoped for on the profile of Applied Nutrition and our industry recognition.

“I am pleased to report we have made strong progress in the first half, delivering performance ahead of our IPO guidance

“Our growing global customer base highlights our appeal to a wide range of consumers, from everyday health-conscious individuals to professional athletes who rely on trusted sports nutrition products to fuel their performance.”

Applied Nutrition has also struck a deal with Merseyside Vimto maker Nichols for its Endurance range and the company is also making progress in Canada, the US, South America and Singapore.

“Our focus is on delivering the growth strategy outlined at IPO of taking our brand to an increasing number of customers globally,” added Tom.

“We are running into the second half of the year with confidence and remain committed to delivering our vision of being the world’s most trusted and innovative sports nutrition, health and wellness brand.”